Ofg Bancorp Operating Expenses Growth & History (OFG)
Ofg Bancorp's operating expenses was $389.8M for fiscal 2025.
View full Ofg Bancorp company overviewOfg Bancorp annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $389.8M | $14.1M | +3.76% |
| 2024 | 2024-12-31 | $375.7M | $12.3M | +3.39% |
| 2023 | 2023-12-31 | $363.4M | $17.8M | +5.16% |
| 2022 | 2022-12-31 | $345.5M | $19.8M | +6.08% |
| 2021 | 2021-12-31 | $325.8M | −$19.5M | −5.66% |
| 2020 | 2020-12-31 | $345.3M | $112.0M | +48.04% |
| 2019 | 2019-12-31 | $233.2M | $26.2M | +12.63% |
| 2018 | 2018-12-31 | $207.1M | $5.5M | +2.70% |
| 2017 | 2017-12-31 | $201.6M | −$14.4M | −6.65% |
| 2016 | 2016-12-31 | $216.0M | −$32.5M | −13.08% |
| 2015 | 2015-12-31 | $248.5M | $5.8M | +2.38% |
| 2014 | 2014-12-31 | $242.7M | −$21.4M | −8.11% |
| 2013 | 2013-12-31 | $264.1M | $132.3M | +100.39% |
| 2012 | 2012-12-31 | $131.8M | $7.5M | +6.08% |
| 2011 | 2011-12-31 | $124.3M | $12.7M | +11.41% |
| 2010 | 2010-12-31 | $111.5M | $28.2M | +33.76% |
| 2009 | 2009-12-31 | $83.4M | — | — |
Ofg Bancorp quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $102.8M | $8.0M | +8.47% |
| Q1 2026 | 2026-03-31 | $94.7M | $1.3M | +1.34% |
| Q4 2025 | 2025-12-31 | $105.0M | $5.3M | +5.31% |
| Q3 2025 | 2025-09-30 | $96.5M | $4.9M | +5.40% |
| Q2 2025 | 2025-06-30 | $94.8M | $1.8M | +1.98% |
| Q1 2025 | 2025-03-31 | $93.5M | $2.0M | +2.23% |
| Q4 2024 | 2024-12-31 | $99.7M | $5.6M | +5.97% |
| Q3 2024 | 2024-09-30 | $91.6M | $1.4M | +1.60% |
| Q2 2024 | 2024-06-30 | $93.0M | $4.1M | +4.58% |
| Q1 2024 | 2024-03-31 | $91.4M | $1.2M | +1.32% |
| Q4 2023 | 2023-12-31 | $94.1M | $2.5M | +2.68% |
| Q3 2023 | 2023-09-30 | $90.2M | $2.7M | +3.05% |
| Q2 2023 | 2023-06-30 | $88.9M | $3.6M | +4.26% |
| Q1 2023 | 2023-03-31 | $90.2M | $9.1M | +11.17% |
| Q4 2022 | 2022-12-31 | $91.6M | $5.2M | +5.96% |
| Q3 2022 | 2022-09-30 | $87.5M | $8.6M | +10.86% |
| Q2 2022 | 2022-06-30 | $85.3M | $2.6M | +3.12% |
| Q1 2022 | 2022-03-31 | $81.2M | $3.5M | +4.49% |
| Q4 2021 | 2021-12-31 | $86.5M | −$2.5M | −2.86% |
| Q3 2021 | 2021-09-30 | $78.9M | −$4.5M | −5.42% |
| Q2 2021 | 2021-06-30 | $82.7M | −$2.8M | −3.28% |
| Q1 2021 | 2021-03-31 | $77.7M | −$9.7M | −11.06% |
| Q4 2020 | 2020-12-31 | $89.0M | $10.1M | +12.83% |
| Q3 2020 | 2020-09-30 | $83.4M | $32.7M | +64.50% |
| Q2 2020 | 2020-06-30 | $85.5M | $34.0M | +66.14% |
| Q1 2020 | 2020-03-31 | $87.3M | $35.2M | +67.44% |
| Q4 2019 | 2019-12-31 | $78.9M | $27.2M | +52.58% |
| Q3 2019 | 2019-09-30 | $50.7M | −$214,000 | −0.42% |
| Q2 2019 | 2019-06-30 | $51.5M | −$848,000 | −1.62% |
| Q1 2019 | 2019-03-31 | $52.2M | $31,000 | +0.06% |
| Q4 2018 | 2018-12-31 | $51.7M | $5.1M | +10.84% |
| Q3 2018 | 2018-09-30 | $50.9M | $472,000 | +0.94% |
| Q2 2018 | 2018-06-30 | $52.3M | −$516,000 | −0.98% |
| Q1 2018 | 2018-03-31 | $52.1M | $437,000 | +0.85% |
| Q4 2017 | 2017-12-31 | $46.7M | −$5.7M | −10.92% |
| Q3 2017 | 2017-09-30 | $50.5M | −$4.5M | −8.11% |
| Q2 2017 | 2017-06-30 | $52.8M | −$1.0M | −1.87% |
| Q1 2017 | 2017-03-31 | $51.7M | −$3.2M | −5.78% |
| Q4 2016 | 2016-12-31 | $52.4M | −$6.3M | −10.68% |
| Q3 2016 | 2016-09-30 | $54.9M | −$14.2M | −20.50% |
| Q2 2016 | 2016-06-30 | $53.8M | −$10.6M | −16.47% |
| Q1 2016 | 2016-03-31 | $54.9M | −$1.5M | −2.62% |
| Q4 2015 | 2015-12-31 | $58.6M | — | — |
| Q3 2015 | 2015-09-30 | $69.1M | — | — |
| Q2 2015 | 2015-06-30 | $64.4M | — | — |
| Q1 2015 | 2015-03-31 | $56.3M | −$5.1M | −8.33% |
| Q1 2014 | 2014-03-31 | $61.5M | −$5.4M | −8.02% |
| Q4 2013 | 2013-12-31 | $65.2M | $23.8M | +57.39% |
| Q3 2013 | 2013-09-30 | $63.3M | $31.6M | +99.92% |
| Q2 2013 | 2013-06-30 | $68.8M | $39.1M | +131.65% |
| Q1 2013 | 2013-03-31 | $66.8M | $37.8M | +130.36% |
| Q4 2012 | 2012-12-31 | $41.4M | $8.9M | +27.22% |
| Q3 2012 | 2012-09-30 | $31.6M | $1.4M | +4.79% |
| Q2 2012 | 2012-06-30 | $29.7M | −$986,000 | −3.21% |
| Q1 2012 | 2012-03-31 | $29.0M | −$1.8M | −5.78% |
| Q4 2011 | 2011-12-31 | $32.6M | — | — |
| Q3 2011 | 2011-09-30 | $30.2M | −$2.5M | −7.65% |
| Q2 2011 | 2011-06-30 | $30.7M | $2.8M | +10.22% |
| Q1 2011 | 2011-03-31 | $30.8M | — | — |
| Q3 2010 | 2010-09-30 | $32.7M | — | — |
| Q2 2010 | 2010-06-30 | $27.9M | — | — |
Ofg Bancorp operating expenses trends
Over the last five fiscal years, Ofg Bancorp's operating expenses increased from $345.3M to $389.8M, a change of $44.5M. The latest reported quarter, Q2 2026, shows $102.8M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Ofg Bancorp source filings ↗